Thursday, April 25, 2024
Credit card startup company Deserve successfully raised $50 million in Series C funding for its platform. Goldman Sachs headed the latest funding round for the firm. Apart from Goldman Sachs, other notable financial institutions and companies participated in the round....
In the recent Series C funding round, fintech startup Brex successfully raised $100 million. The funding was spearheaded by Kleiner Perkins Digital Growth Fund. Apart from the Kleiner Perkins Digital Growth Fund, Finextra reports that other existing investors supported the...
The Universal Credit system has reportedly been pushed back for another nine months, pushing the full rollout of the welfare scheme to September 2024. The complete rollout was initially due last April 2017. Will Quince, welfare delivery minister, announced...
During Apple’s third fiscal quarter call, CEO Tim Cook announced that the newest titanium credit card is rolling out this August. Although no definite date is announced, the release this month is confirmed. During the conference call, Cook said, “Thousands of...
Prospective clients of Bank of America will be glad to know that their Cash Rewards Credit Card allows them to earn a $150 bonus when they use their credit account. This bonus applies after the client purchases a minimum...
Early-stage firm Credit Sesame reportedly gets $43 million in funding on the way to launching its initial public offering, says TechCrunch. This comes as the company is getting higher demands for its offerings, indicating the success of its operations. Credit...
Supermarket chain Giant Food warned customers on Tuesday of a possible credit data breach following the discovery of an illegal card-reading device in one of its stores in D.C. In a letter sent to customers, the grocery chain noted that...
American Express (AmEx) has improved the features of its Gold Card. After relaunching its Gold Card last fall, the card issuer updates in the new version, including a slew of enhanced benefits. The 4x-Membership Rewards points rate now applies to...
Following last week’s outage, stock trading mogul Robinhood experienced another outage last Monday, March 9, 2020. In light of these events, the company revealed that it had maxed out its $200 million facilities, most of which come from major...
The Department for Work & Pensions (DWP) recently went under fire for its plans to double the application time for parents on the current Universal Credit system. From the initial one month period, parents could file for claims for...

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